Coincident Economic Activity Index for Arkansas
ARPHCI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.64
Year-over-Year Change
2.31%
Date Range
1/1/1979 - 6/1/2025
Summary
The Coincident Economic Activity Index for Arkansas is a composite indicator that tracks the overall health of the state's economy. It is a valuable tool for economists and policymakers in assessing Arkansas's economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Coincident Economic Activity Index for Arkansas is a monthly indicator compiled by the Federal Reserve Bank of Philadelphia. It combines several economic variables, including nonfarm payroll employment, average hours worked in manufacturing, unemployment rate, and wage and salary disbursements, to provide a comprehensive measure of the state's economic activity.
Methodology
The index is calculated using a dynamic single-factor model based on the underlying economic data.
Historical Context
The Coincident Economic Activity Index is used by analysts and policymakers to monitor Arkansas's economic conditions and make informed decisions.
Key Facts
- Arkansas's Coincident Economic Activity Index has a base year of 2007.
- The index reached its highest level in January 2020 before the COVID-19 pandemic.
- The index helps identify turning points in the state's economic cycle.
FAQs
Q: What does this economic trend measure?
A: The Coincident Economic Activity Index for Arkansas measures the overall health and performance of the state's economy by combining several key economic indicators.
Q: Why is this trend relevant for users or analysts?
A: The index provides a comprehensive and timely assessment of Arkansas's economic conditions, which is valuable for policymakers, businesses, and individuals making decisions that are influenced by the state's economic performance.
Q: How is this data collected or calculated?
A: The index is calculated using a dynamic single-factor model based on several underlying economic variables, including employment, hours worked, unemployment, and wages.
Q: How is this trend used in economic policy?
A: The Coincident Economic Activity Index for Arkansas is used by analysts and policymakers to monitor the state's economic conditions and inform decision-making related to economic development, fiscal policy, and other areas.
Q: Are there update delays or limitations?
A: The index is released monthly, with a slight delay to allow for the collection and processing of the underlying data.
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Citation
U.S. Federal Reserve, Coincident Economic Activity Index for Arkansas (ARPHCI), retrieved from FRED.